The food prices that will see the biggest increase in Manitoba next year
Food prices in Canada will continue to rise in the new year, according to a new study.
The 13th edition of Canada’s Food Price Report – released Monday – said that overall, food prices will increase by five to seven per cent next year.
"In 2023, it is expected that Canadians will continue to feel the effects of high food inflation, and food insecurity/affordability will also be a big issue with rising food prices," said the report.
Canada's Food Price Report is compiled every year, a collaboration between Dalhousie University, the University of Guelph, the University of Saskatchewan, and the University of British Columbia. The study uses predictive analytics models applying machine learning to support the analytical process of determining the future of food prices.
The report also gives an overview of how food prices fared this year, "2022 presented a host of contributing factors that drive food inflation including continued labour shortages, high oil and gas prices, adverse climate events, and geopolitical conflicts," it states.
Food prices rose more than 10 per cent in Canada over the past 12 months, a trend the report attributes to several factors, including supply chain issues and "greedflation."
Food waste also continues to be a problem, "In 2022, 63 per cent of Canadians noted that they had to throw away food prematurely at least once in the six months preceding the survey," said the report.
Specifically, Manitoba saw an increase of 10.7 per cent in food prices, only slightly less than Quebec, which led the country at 11 per cent. British Columbia was the only province that did not see double-digits, with a 9.2 per cent increase.
The report also predicts how much families will spend on food next year. In 2023, a family of four will have annual food costs of up to $16,288.41, more than $1000 more than the previous year.
Another factor contributing to the rising cost of food is the war in Ukraine. Russia and Ukraine produce 27 per cent of the world's wheat, and Ukraine is the largest producer of sunflower oil, which is widely used in processed foods. The war has disrupted the production of those commodities.
Looking at specific categories, the cost of vegetables is expected to rise the most, up to eight per cent. Fruit costs on the other hand will only jump a little - a three or four per cent increase. Meat, dairy, and bakery items will rise up to 7 per cent in cost.
The report says food security will continue to be an issue for many Canadians. "Food bank use has been increasing since June 2020 and because of rising food prices, 20 per cent of Canadians reported their household would be likely or very likely to get food or meals from community organizations including food banks, community centres, or other access points over the next six months," it stated.
The full report can be found online.
CTVNews.ca Top Stories
NEW From yearning for a change to cost of living, why some Canadians have left or may leave the country
For some immigrants, their dreams of permanently settling in Canada have taken an unexpected twist.
NEW Capital gains tax change 'shortsighted' and 'sows division' business groups tell Freeland
Forging ahead with increasing Canada's capital gains inclusion rate 'sows division,' and is a 'shortsighted' way to improve the deficit, business groups are warning Finance Minister Chrystia Freeland.
Minister said 'hundreds' of Canadians might use Gaza visa. More than 7,500 applied.
An immigration lawyer in Toronto says new figures from the federal government show just how 'grudging' Ottawa's efforts have been to rescue Canadians' family members from the war in the Gaza Strip.
Police handcuff man trying to enter Drake's Toronto mansion
Toronto police say a man was taken into custody outside Drake's Bridle Path mansion Wednesday afternoon after he tried to gain access to the residence.
Canucks claw out 5-4 comeback win over Oilers in Game 1
Dakota Joshua had a goal and two assists and the Vancouver Canucks scored three third-period goals to claw out a 5-4 comeback victory over the Edmonton Oilers in Game 1 of their second-round playoff series Wednesday.
U.S. presidential candidate RFK Jr. had a brain worm, has recovered, campaign says
Independent U.S. presidential candidate Robert F. Kennedy Jr. had a parasite in his brain more than a decade ago, but has fully recovered, his campaign said, after the New York Times reported about the ailment.
What is whooping cough and should Canadians be concerned as Europe declares outbreak?
There is currently a whooping cough epidemic in Europe, with 10 times as many cases compared to the previous two years. While an outbreak has not been declared nationwide in Canada, whooping cough is regularly detected in the country.
Florida deputies who fatally shot U.S. airman burst into wrong apartment, attorney says
Deputies responding to a disturbance call at a Florida apartment complex burst into the wrong unit and fatally shot a Black U.S. Air Force airman who was home alone when they saw he was armed with a gun, an attorney for the man's family said Wednesday.
'A beautiful soul': Funeral held for baby boy killed in wrong-way crash on Highway 401
A funeral was held on Wednesday for a three-month-old boy who died after being involved in a wrong-way crash on Highway 401 in Whitby last week.